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No alternative to higher defence spending amid Russian threat, NATO's Rutte says
Published by Global Banking & Finance Review®
Posted on June 25, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on June 25, 2025
1 min readLast updated: January 23, 2026
NATO's Mark Rutte emphasizes the necessity of increased defence spending due to threats from Russia and military build-ups in China.
THE HAGUE (Reuters) -There is no alternative to higher defence spending in light of the ongoing threat from Russia, NATO chief Mark Rutte said on Wednesday.
"Given our long-term threat of Russia, but also the massive build-up of the military in China, and the fact that North Korea, China and Iran are supporting the war effort in Ukraine, it's really important we spend more. So that will be number one on the agenda today,," Rutte told reporters before meeting with world leaders at the NATO summit in the Hague.
(Reporting by Bart Meijer; Writing by Charlotte Van Campenhout; Editing by)
NATO chief Mark Rutte stated that there is no alternative to higher defense spending due to the ongoing threat from Russia.
Rutte mentioned that China, North Korea, and Iran are supporting the war effort in Ukraine, which adds to the military threats faced.
The focus on increased defense spending is driven by the long-term threat posed by Russia and the significant military build-up in China.
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